Tesla Buys $1.5 Billion in BTC
Tesla enters the bitcoin market with a $1.5 billion buy... BTC hits a new high! PLUS, Lyn Alden's take on ethereum.
Enter, Elon.
Tesla bought $1.5 billion in bitcoin.
We need to thank Michael Saylor and MicroStrategy for opening the flood gates last year. The institutional money continues to enter the market.
Tesla had about $19 billion in cash.
The $1.5 billion move into bitcoin is no small position.
Plus, it’s coming from one of the hottest companies, led by the world’s…
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